$327,500
8205 S Houston Avenue
Chicago, IL, 60617
Attention First-Time Buyers & Savvy Investors! Here’s your chance to own a 4-unit property that practically pays for itself! Imagine living in your newly rehabbed 2-bedroom unit while collecting rental income from the other three fully-occupied units, currently generating $3,400 per month. Your mortgage could be covered from day one, allowing you to enjoy the benefits of homeownership AND investment simultaneously! Located in a rapidly growing area, this property is just minutes from the beach, the prestigious Tiger Woods Golf Course, and the highly anticipated Obama Presidential Center, making it a prime location for long-term value appreciation. Whether you’re looking to live in one unit and earn rental income, or take your first step into real estate investing, this property offers endless possibilities. The first-floor unit has just been updated and is ready for its new owner. With the remaining units fully rented and providing steady cash flow, this is the perfect opportunity to start building wealth in a high-demand neighborhood. Don’t wait – this opportunity won’t last long! Schedule your viewing today and take the first step toward securing your future with this cash-flowing investment!
Property Details
Price:
$327,500
MLS #:
MRD12297361
Status:
Active
Beds:
6
Baths:
4
Address:
8205 S Houston Avenue
Type:
Multi Family
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Feb 24, 2025
State:
IL
ZIP:
60617
Year Built:
1895
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof
Asphalt
Financial
Tax Year
2022
Taxes
$1,051
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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8205 S Houston Avenue
Chicago, IL
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